investment by strengthening foreign direct investment (FDI) screening in Member
States, particularly in strategic sectors such as media services, critical raw
materials, critical infrastructure and technologies; urgently address the
monopolistic positions of China in critical and essential chokepoints by
prioritising the strengthening of alternative resilient supply chains;
(m) acknowledge that overdependencies on Chinese technologies and resources in the
area of climate change prevention and green transition also render the EU
vulnerable; therefore, strengthen economic security-related actions in the area of
green transition; in the light of the fact that China’s export of clean/green
technologies is largely driven by industrial policy objectives and sustained by
excessive state subsidies and export-oriented overcapacity, address the issue of
unfair competition for European green-technology industries;
(n)
recognise the immense socio-economic challenges currently confronting China,
many of which stem from its own policy choices and structural imbalances;
underline that the EU cannot accept distortions to global markets or threats to its
strategic interests that undermine fair competition and economic sovereignty;
reiterate that while prioritising negotiated solutions and open channels of
communication, the EU reserves the right to pursue unilateral measures under its
economic security strategy wherever engagement with Chinese authorities proves
ineffective or insufficient; highlight that any resolution of China's overcapacity
must be achieved without imposing disproportionate costs on EU taxpayers or
industries;
(o)
knowing that in times of significant economic pressure and increasing
geostrategic transactionalism, the economic costs of coercion and economic
retaliation should be avoided, find ways to counter the adverse effects of
international tensions in the understanding that EU solidarity is essential to
withstand international pressure; with that in mind, strengthen EU mechanisms to
monitor and quickly target China’s economic coercion against Member States,
ensuring that no single EU Member State faces economic coercion alone; note
that, following China’s economic coercion against Lithuania, bilateral relations,
including diplomatic and economic relations, have not yet normalised;
(p)
proactively and jointly address the implications of technological and economic
competition with China, especially the asymmetry in market access and the lack
of legal certainty for European companies in China; stress the need for reciprocity
and a level playing field in all trade and investment relations with China; insist
that Beijing remove barriers and unfair practices that violate World Trade
Organization (WTO) commitments; support proportionate EU actions to defend
its interests if China fails to provide reciprocal market openness;
(q)
underscore the geopolitical ramifications of the US-China trade conflict and its
potential spillover effects on the EU economy; actively shape the EU’s IndoPacific and Asian partnerships by coordinating with like-minded actors, and seek
closer alignment with them on trade, technology standards and supply chain
resilience to work around China's monopoly in critical areas; seize the opportunity
for the EU to present itself as a reliable and desirable partner in the Indo-Pacific
and emphasise that increased cooperation with like-minded partners is essential in
the light of the instrumentalisation by China of rare earth minerals and the need
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